Dec 8, 2012 3:35pm EST
also mean a great deal to the economy as well. it is estimated that this tax cut for the middle-class, if not passed, there will be $200 billion taken out of the economy next year. that will determine how many waitresses are working here, how many people -- how many sales persons there are when you see if you can help your sister with her car at. that will determine whether or not you have a job when you graduate. it is going to make a difference to your kids. they are struggling, working hard on their own. whether your son can go back and get his master's or save what he can to get back. that is going to affect economic growth. what we have going now -- there can be no debate. some of my very conservative friends continue to try to reject it is awful hard for them to accept compromise. the economy is beginning -- continuing to move. having met with all the stakeholders, we have met with a number of ceo's, a number of companies and small business people, labor community, progressive groups. the interesting thing that the business folks are telling us about is the downside of goi
Dec 9, 2012 5:35pm EST
and innovation can benefit the u.s. economy. speakers include gene sperling, harvard university president, and former congresswoman and portugal vice-president, susan molinari. - google vice-president, susan molinari. from the american enterprise institute, join us live, 5:30 p.m. eastern also here on c- span. president obama troubles monday to an auto plant in michigan to merge congress to extend tax breaks for 998% of americans.
Dec 1, 2012 9:45pm EST
. i travel the world working to help people everywhere take part in the global economy, and we never lose sight of the fact that iranians deserve this no less than any other people. america's goal is to change the iranian leadership's calculus. we have worked with the p-5 plus 1 to put a credible offer on the table. if there is a viable diplomatic deal to be had, we will pursue it. and should iran finally be ready to engage in serious negotiations, we are ready. when iran is prepared to take confidence-building measures that are verifiable, we are prepared to reciprocate. what we will not do is talk indefinitely. the window for negotiation will not stay open forever. president obama has made that clear, and by now i think it should be clear this is a president who does not bluff. he says what he means, and he means what he says. the second shared goal i want to discuss is this -- now that rocket fire from gaza has stopped, america and israel have to work together with partners in the region to turn the ceasefire into a lasting calm. now, we have no illusions about those who launched
Dec 9, 2012 3:40am EST
for businesses, and it would drag down our entire economy. now, congress can avoid all this by passing a law that prevents a tax hike on the first $250,000 of everybody's income. that means 98% of americans and 97% of small businesses wouldn't see their income taxes go up by a single dime. even the wealthiest americans would get a tax cut on the first $250,000 of their income. and families everywhere would enjoy some peace of mind. the senate has already done their part. now we're just waiting for republicans in the house to do the same thing. but so far, they've put forward an unbalanced plan that actually lowers rates for the wealthiest americans. if we want to protect the middle class, then the math just doesn't work. we can and should do more than just extend middle class tax cuts. i stand ready to work with republicans on a plan that spurs economic growth, creates jobs and reduces our deficit -- a plan that gives both sides some of what they want. i'm willing to find ways to bring down the cost of health care without hurting seniors and other americans who depend on it. and i'm willing